An arrest warrant was issued against Cohen on March 2, 2001 after he failed to turn over details relating to his assets. On April 3, 2001, Kremen was awarded $65 million against Cohen by a Federal Court in California.

Much of Cohen's assets are believed to be hidden offshore.

Banks where he is suspected of having had accounts include Bank of N. T. Butterfield, of Bermuda; ATU General Trust (BVI) Ltd., of the BVI; VP Bank (BVI) Ltd., VP Bank Gruppe, of Liechtenstein; Liechtensteinische Landesbank Aktiengesellschaft, of Liechtenstein; Allegemeines Treuunternehmen, of Liechtenstein; ABN Amro Bank, of the Netherlands; Banco International S. A., of Mexico; Banco Nacional de Mexico S. A., of California; Banque Internationale à Luxembourg S. A., of Belgium; Rabobank International/Rabobank Utrecht, of New York; and Rabo Robeco Bank (Luxembourg) S. A., of Luxembourg.

Kremen has released the following information on Cohen in an effort to track him down:

Cohen was born on February 23, 1948 in Los Angeles, California. He is a white male, 53 years old, with brown thinning hair, brown eyes, a gray/brown mustache, high forehead, and is approximately 5' 6" to 5' 8" in height. Cohen weighs approximately 220-230 pounds (perhaps more), has a florid face and nose, and is partial to wearing imprinted t-shirts. His Social Security number is 567-07-4703.

He has maintained Post Office Box 530069, San Diego, California, 92153, up to at least June, 1999, with wife Rosa Armida Montano Cohen. Cohen and his wife also use Post Office Box 328, Rancho Santa Fe, California, 92067, with the physical location at 17427 Los Morros, Rancho Santa Fe, California, 92067. This PO Box address is reported to the credit bureaus three times as late as March, 2001.

Cohen's residential address in Tijuana, Baja California, as stated on his Foreign Registry documents dated June 30, 1999 is: Avenida Diego Rivera #2532, Tijuana, B.C.

Cohen's business address in Tijuana is 22320 Paseo de Los Heroes, 7th Floor, Zona Rio, Tijuana, B.C. He uses this address for his businesses Sand Man Internacional, Ltd., S.A. de C.V., and Omnitec International, d.b.a. Sex.com.

Cohen's last known US address is 17427 Los Morros, Rancho Santa Fe, California 92067. Cohen. Cohen has not been observed at this location at any time during this investigation, dating from approximately February, 2001.

Cohen has not lived in the address 5959 Rail Court, San Ysidro, California 92173 but has some equipment at that location.

Anyone who has any information about Cohen's whereabouts should contact: Susanne Whatley
Tel.: 415.748.0662
Fax: 415.285.7111
Email: reward@sex.com

The reward of $50,000 is offered under the following conditions:

Stephen Michael Cohen

TERMS AND CONDITIONS:

We offer to pay to one or more persons who provide information leading to the arrest of Stephen Michael Cohen by officials of the United States, a cash reward of up to $50,000 under the following conditions. The rules and conditions related to this reward offer may be amended from time to time, and all such amendments will be posted on the web site at www.reward.sex.com. All persons seeking to participate in the reward program agree to frequently check this web site for such changes, and to be bound by them from the date they are first posted.

"Arrest" means that Stephen Michael Cohen is apprehended and taken into custody, either voluntarily or involuntarily, by officials of the United States, regardless of whether or not he/she is subsequently released, pursuant to the arrest warrant issued by the United States District Court for the Northern District of California ("California warrant"). Any arrest by authorities other than those of the United States shall not be eligible for this reward offer. An arrest arising from criminal conduct other than the currently pending arrest warrant is eligible only if Cohen is remanded to the custody of the United States Marshal Service pursuant in part to the California warrant.

"Cash reward" means that cash, a check, or a similar negotiable instrument will be presented to the person entitled to the reward within 180 days of Cohen's arrest. The winner must pay all applicable taxes. "Up to $50,000" means that the cash reward of $50,000 in US currency will be divided among the unrelated persons providing the information described herein leading directly to the arrest of Cohen. To help decide if information submitted by a particular person in fact helped lead to the arrest of Cohen, our lawyers will make the determination based upon any information provided by prosecuting authorities, media accounts, transcripts, and other information. If, in the judgment of our legal advisors, information from two or more sources helps lead to the arrest as provided above, or if substantially similar information is received from two or more sources, the reward shall be divided between the sources in a manner determined by us in our sole discretion to be fair and equitable.

"Information" qualifying for the reward includes documents, video or audio tape recordings, data of whatever kind, and individual verbal statements (including testimony) of a person having knowledge of relevant facts. Any letters, documents, or other information submitted in response to this reward should include the full name, address, and phone number of the person submitting the information.

We reserve the right in our sole discretion to choose not to submit any information we receive to prosecutorial authorities. We do not urge, encourage, or condone any violation of the law in connection with this reward offer or otherwise, and reserve the right to share any information we receive with lawyers for bringing legal actions directed against Cohen through the appropriate federal, state, or local agencies. All materials submitted become our property. Persons submitting information for this reward are expected to cooperate with us and with appropriate authorities. Failure to do so will invalidate eligibility for the reward. In order to collect the reward, any person providing information should contact and identify themselves to Susanne Whatley.

The reward offer may be accepted only by full and unconditional performance of the conditions stated above.